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Mirae Asset Savings Fund Regular Savings Plan Growth+0.01%

6.26%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Savings Fund Regular Savings Plan Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.91%
NAV₹1771.35 (19 Jan 2021)
Fund Started05 Mar 2008
Fund Size1,088 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.3%
6.2%
6.3%
4.5%
Category Average
6.0%
4.7%
5.8%
-
Rank Within Category
16
14
17
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.3% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
3. Age is more than 10 years
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Steel Authority Of India Ltd.MetalsCP4.9%
Chennai Petroleum Corpn. Ltd.EnergyCP4.9%
ICICI Securities Ltd.FinancialCP4.9%
Hindustan Petroleum Corpn. Ltd.EnergyDebenture4.1%
Karnataka StateOthersSDL2.6%
National Thermal Power Corp. Ltd.EnergyNCD2.6%
National Bank For Agriculture & Rural DevelopmentFinancialCP2.4%
Export-Import Bank Of IndiaFinancialCD2.4%
GOISovereignGOI Sec2.1%
GOISovereignGOI Sec2.0%
See All

Fund Managers

Mahendra Kumar Jajoo
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Mirae Asset Savings Fund Regular Savings Plan Growth Details

Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 05 Mar 2008. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Regular Savings Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,088 Cr and the Latest NAV as of 19 Jan 2021 is ₹1771.35.

The Mirae Asset Savings Fund Regular Savings Plan Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Mirae Asset Mutual Fund

Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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